See more : Social Capital Suvretta Holdings Corp. IV (DNAD) Income Statement Analysis – Financial Results
Complete financial analysis of Horizon Bancorp, Inc. (HBNC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Horizon Bancorp, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
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Horizon Bancorp, Inc. (HBNC)
About Horizon Bancorp, Inc.
Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides a range of commercial and retail banking services. The company offers various deposits. It also provides commercial, residential real estate, mortgage warehouse, and consumer loans. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; and sells various insurance products. It operates through a network of 78 full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 185.28M | 241.56M | 228.27M | 219.93M | 195.22M | 162.64M | 140.27M | 118.38M | 99.76M | 84.49M | 82.62M | 81.26M | 68.41M | 67.52M | 62.63M | 51.18M | 45.08M | 41.68M | 40.69M | 36.09M | 35.29M | 33.40M | 29.33M | 25.51M | 6.98M | 6.45M | 6.32M | 5.82M | 3.99M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 185.28M | 241.56M | 228.27M | 219.93M | 195.22M | 162.64M | 140.27M | 118.38M | 99.76M | 84.49M | 82.62M | 81.26M | 68.41M | 67.52M | 62.63M | 51.18M | 45.08M | 41.68M | 40.69M | 36.09M | 35.29M | 33.40M | 29.33M | 25.51M | 6.98M | 6.45M | 6.32M | 5.82M | 3.99M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 14.27M | 82.84M | 94.84M | 89.46M | 82.09M | 70.15M | 65.35M | 58.80M | 49.20M | 40.77M | 37.58M | 34.52M | 31.43M | 30.55M | 26.99M | 16.75M | 17.15M | 16.43M | 16.52M | 14.77M | 13.95M | 12.75M | 11.80M | 9.12M | 9.02M | 9.44M | 8.32M | 8.67M | 8.36M |
| Selling & Marketing | 104.11M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 118.38M | 82.84M | 94.84M | 89.46M | 82.09M | 70.15M | 65.35M | 58.80M | 49.20M | 40.77M | 37.58M | 34.52M | 31.43M | 30.55M | 26.99M | 16.75M | 17.15M | 16.43M | 16.52M | 14.77M | 13.95M | 12.75M | 11.80M | 9.12M | 9.02M | 9.44M | 8.32M | 8.67M | 8.36M |
| Other Expenses | 0.00 | -49.60M | -220.66M | -231.02M | -197.47M | -137.64M | -33.90M | -34.56M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -24.21M | -9.11M | -10.66M | -21.20M | -23.86M | -22.68M | -19.57M | -13.44M | -5.73M | 87.00K | -933.00K | 610.00K | 2.74M | 1.97M |
| Operating Expenses | 118.38M | 1.84M | -125.82M | -141.56M | -115.38M | -67.48M | 2.49M | 2.75M | 2.07M | 1.73M | 1.67M | 1.99M | 1.50M | 1.70M | 1.41M | -7.46M | 8.05M | 5.78M | -4.68M | -9.10M | -8.73M | -6.82M | -1.64M | 3.38M | 9.10M | 8.51M | 8.93M | 11.41M | 10.33M |
| Cost & Expenses | 118.38M | 1.84M | -125.82M | -141.56M | -115.38M | -67.48M | 2.49M | 2.75M | 2.07M | 1.73M | 1.67M | 1.99M | 1.50M | 1.70M | 1.41M | -7.46M | 8.05M | 5.78M | -4.68M | -9.10M | -8.73M | -6.82M | -1.64M | 3.38M | 9.10M | 8.51M | 8.93M | 11.41M | 10.33M |
| Interest Income | 312.31M | 236.03M | 200.00M | 205.38M | 208.33M | 166.17M | 128.48M | 106.53M | 88.59M | 76.21M | 74.88M | 72.53M | 64.61M | 68.49M | 72.66M | 70.24M | 75.07M | 68.68M | 56.84M | 42.99M | 41.54M | 41.27M | 40.78M | 41.95M | 30.90M | 28.56M | 29.27M | 28.23M | 26.26M |
| Interest Expense | 136.56M | 36.52M | 18.31M | 34.44M | 47.54M | 31.60M | 16.38M | 20.54M | 13.85M | 13.22M | 13.50M | 14.32M | 16.50M | 20.88M | 27.89M | 32.89M | 42.26M | 37.14M | 25.97M | 17.57M | 17.39M | 18.11M | 20.97M | 23.30M | 15.77M | 13.53M | 12.94M | 11.80M | 11.11M |
| Depreciation & Amortization | 11.97M | 10.75M | 9.80M | 10.59M | 9.69M | 6.81M | 5.94M | 5.28M | 4.15M | 3.78M | 3.36M | 2.88M | 4.83M | 4.27M | 3.01M | 2.32M | 2.40M | 2.71M | 2.28M | 2.19M | 2.40M | 1.44M | 1.48M | 1.55M | 1.41M | 1.16M | 1.37M | 1.04M | 892.00K |
| EBITDA | 0.00 | 118.68M | 116.32M | 90.70M | 89.53M | 70.37M | 53.89M | 37.99M | 31.93M | 28.04M | 30.28M | 30.86M | 19.50M | 0.00 | 27.32M | 26.50M | 0.00 | 0.00 | 20.70M | 17.89M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 0.00% | 64.25% | 49.77% | 40.45% | 45.86% | 62.70% | 50.10% | 49.44% | 45.90% | 48.83% | 52.99% | 55.61% | 56.01% | 57.07% | 67.25% | 89.96% | 123.17% | 120.36% | 94.10% | 80.86% | 82.05% | 83.91% | 99.44% | 119.34% | 250.57% | 249.82% | 263.01% | 314.01% | 381.49% |
| Operating Income | 66.91M | 142.10M | 102.45M | 78.37M | 79.84M | 95.16M | 64.34M | 53.25M | 41.64M | 37.48M | 40.43M | 42.31M | 33.48M | 34.27M | 39.10M | 43.72M | 53.13M | 47.46M | 36.00M | 27.00M | 26.56M | 26.58M | 27.69M | 28.89M | 16.09M | 14.96M | 15.24M | 17.22M | 14.32M |
| Operating Income Ratio | 36.11% | 58.83% | 44.88% | 35.63% | 40.90% | 58.51% | 45.87% | 44.98% | 41.74% | 44.36% | 48.93% | 52.07% | 48.94% | 50.76% | 62.44% | 85.42% | 117.85% | 113.85% | 88.49% | 74.80% | 75.27% | 79.59% | 94.40% | 113.27% | 230.39% | 231.81% | 241.32% | 296.13% | 359.12% |
| Total Other Income/Expenses | -27.91M | -23.10M | -22.81M | -27.38M | -25.70M | -21.18M | -18.56M | -18.69M | -15.97M | -14.96M | -14.67M | -2.88M | 453.00K | -23.20M | -234.00K | -32.89M | -44.66M | 656.00K | -10.67M | -17.57M | -17.39M | -18.21M | -20.97M | -23.30M | -15.60M | -13.53M | -12.94M | -11.80M | -11.11M |
| Income Before Tax | 39.00M | 105.58M | 102.45M | 78.37M | 79.84M | 63.56M | 47.95M | 32.71M | 27.78M | 24.26M | 26.92M | 27.99M | 16.98M | 13.40M | 11.21M | 10.83M | 10.87M | 10.32M | 10.04M | 9.43M | 9.17M | 8.37M | 6.72M | 5.60M | 484.00K | 1.43M | 2.31M | 5.42M | 3.21M |
| Income Before Tax Ratio | 21.05% | 43.71% | 44.88% | 35.63% | 40.90% | 39.08% | 34.19% | 27.63% | 27.85% | 28.71% | 32.59% | 34.44% | 24.82% | 19.84% | 17.90% | 21.17% | 24.11% | 24.76% | 24.67% | 26.13% | 25.98% | 25.07% | 22.90% | 21.93% | 6.93% | 22.13% | 36.49% | 93.24% | 80.41% |
| Income Tax Expense | 11.02M | 12.18M | 15.36M | 9.87M | 13.30M | 10.44M | 14.84M | 8.80M | 7.23M | 6.16M | 7.05M | 8.45M | 4.19M | 2.94M | 2.07M | 1.86M | 2.73M | 2.84M | 2.95M | 2.49M | 2.64M | 2.78M | 2.59M | 1.81M | 675.00K | 345.00K | 584.00K | 1.60M | 167.00K |
| Net Income | 27.98M | 93.41M | 87.09M | 68.50M | 66.54M | 53.12M | 33.12M | 23.91M | 20.55M | 18.10M | 19.88M | 19.54M | 12.80M | 10.46M | 9.14M | 8.97M | 8.14M | 7.48M | 7.09M | 6.94M | 6.53M | 5.69M | 4.13M | 3.78M | -354.00K | 1.08M | 1.72M | 3.82M | 3.04M |
| Net Income Ratio | 15.10% | 38.67% | 38.15% | 31.15% | 34.08% | 32.66% | 23.61% | 20.20% | 20.60% | 21.42% | 24.06% | 24.05% | 18.71% | 15.48% | 14.59% | 17.53% | 18.06% | 17.95% | 17.43% | 19.22% | 18.51% | 17.04% | 14.07% | 14.83% | -5.07% | 16.78% | 27.25% | 65.75% | 76.22% |
| EPS | 0.64 | 2.14 | 1.99 | 1.56 | 1.53 | 1.39 | 0.96 | 0.80 | 0.87 | 0.88 | 1.00 | 1.06 | 0.69 | 0.55 | 0.47 | 0.55 | 0.50 | 0.47 | 0.46 | 0.46 | 0.43 | 0.24 | 0.27 | 0.24 | -0.02 | 0.07 | 0.11 | 0.23 | 0.18 |
| EPS Diluted | 0.64 | 2.14 | 1.98 | 1.55 | 1.53 | 1.38 | 0.95 | 0.79 | 0.84 | 0.85 | 0.96 | 1.02 | 0.67 | 0.54 | 0.47 | 0.54 | 0.50 | 0.46 | 0.44 | 0.44 | 0.41 | 0.24 | 0.27 | 0.24 | -0.02 | 0.07 | 0.11 | 0.23 | 0.18 |
| Weighted Avg Shares Out | 43.63M | 43.57M | 43.80M | 44.04M | 43.49M | 38.35M | 34.55M | 29.98M | 23.65M | 20.39M | 19.39M | 17.94M | 16.67M | 16.59M | 16.36M | 16.24M | 16.22M | 16.05M | 15.54M | 15.13M | 15.10M | 15.05M | 15.06M | 15.56M | 14.93M | 15.62M | 16.20M | 16.79M | 17.09M |
| Weighted Avg Shares Out (Dil) | 43.84M | 43.70M | 43.96M | 44.12M | 43.60M | 38.50M | 34.76M | 30.12M | 24.30M | 21.27M | 20.25M | 18.61M | 17.07M | 16.88M | 16.56M | 16.43M | 16.42M | 16.26M | 16.03M | 15.81M | 15.75M | 15.05M | 15.06M | 15.56M | 14.93M | 15.62M | 16.20M | 16.79M | 17.09M |
Dividend Increases: June 18-24, 2022
This article series covers dividend changes on a weekly basis. A summary table provides relevant data and key statistics of dividend increases.
Horizon Bancorp (HBNC) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Horizon Bancorp (HBNC) have what it takes?
Horizon Bancorp, Inc. (HBNC) CEO Craig Dwight on Q1 2022 Results - Earnings Call Transcript
Horizon Bancorp, Inc. (NASDAQ:HBNC ) Q1 2022 Earnings Conference Call April 28, 2022 8:30 AM ET Company Participants Craig Dwight - President, Chairman & Chief Executive Officer Mark Secor - Executive Vice President, Chief Financial Officer, Chief Accounting Officer &...
This is Why Horizon Bancorp (HBNC) is a Great Dividend Stock
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Horizon Bancorp (HBNC) have what it takes?
Horizon Bancorp, Inc. Announces Earnings Conference Call to Review First Quarter 2022 Results on April 28
MICHIGAN CITY, Ind., March 31, 2022 (GLOBE NEWSWIRE) -- (NASDAQ GS: HBNC) — Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m. CT on Thursday, April 28, 2022 to review its first quarter 2022 financial...
Horizon Bancorp: Strong Topline Growth On The Cards
Economic strength will likely drive organic loan growth this year. Further, HBNC is interested in acquiring loans from other institutions.
Why Horizon Bancorp (HBNC) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Horizon Bancorp (HBNC) have what it takes?
This Trio of Regional Banks Looks Fairly Priced
When screening the market for stocks that are trading at or below their fair prices, one tool investors can use is the earnings power value.
Horizon Bancorp, Inc. (HBNC) CEO Craig Dwight on Q4 2021 Results - Earnings Call Transcript
Horizon Bancorp, Inc. (HBNC) CEO Craig Dwight on Q4 2021 Results - Earnings Call Transcript
This is Why Horizon Bancorp (HBNC) is a Great Dividend Stock
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Horizon Bancorp (HBNC) have what it takes?
Source: https://incomestatements.info
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